NEW YORK BUSINESSMAN and
Penn Law alumnus Henry Silverman has made a major investment to develop
future American scholars by designating the final $5 million of his original
$15 million contribution to the University of Pennsylvania Law School
to create the Silverman-Rodin Scholars program.

Beginning in the 2004-05 academic year, Mr. Silverman’s gift will
enable top students in each entering class at Penn Law to receive full
scholarships in their first year. A total of 15 Silverman-Rodin scholars
– five from each class – will be in the school every year,
once the program is in full swing.

Mr. Silverman’s endowment marks the first gift to Penn created
in Penn President Judith Rodin’s name. Rodin, a Philadelphia native
and 1966 graduate of the University of Pennsylvania, attended the University
on a scholarship.

“Creating the Silverman-Rodin Scholars program gives me the opportunity
to not only honor and assist Penn Law, which nurtured my career, but to
pay tribute to Judith Rodin, who has driven the University of Pennsylvania
into the upper echelon of American colleges,” Mr. Silverman said.